Hermes handbags rules at auction with a black crocodile Birkin selling for $122,500

Widely known to be a symbol of wealth, the meticulously hand-crafted Birkin bags by Hermès is more than just a bag, it’s the status symbol for wealthy consumers. The French leather goods-maker has remained the most coveted handbag brand for some of the most well heeled women in the world, from actress Grace Kelly to billionaire heiresses and celebrities; Hermes handbags never lose its charm.

Hermès handbags ruled the auction, where bidders flocked to grab an example from the largest Hermès bag collection ever offered on sale. The other Birkin bags that got sold for handsome prices include a rare 30cm shiny violet Porosus Crocodile Birkin bag with palladium hardware thatfetched $74,500, against its highest pre-sale estimate of $50,000, a 32cm Shiny Rouge H Caiman Crocodile Sellier Kelly Bag with gold hardware also brought $62,500, and a 32cm shiny rouge H Caiman crocodile sellier Kelly bag with gold hardware for $62,500.